Medical property owner Generation Healthcare REIT has expanded its portfolio, with a $29 million investment in the Epping Medical Centre in Melbourne's north.
It is the first major transaction to be announced by the locally listed Generation since Toronto-listed NorthWest Healthcare Properties REIT bought out its management rights in June.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com